FOMC minutes - bottom line - Nomura

FXStreet (Guatemala) - Analysts at Nomura explained that they continue to believe that the second rate hike is most likely to come in June, but March remains a close call.

Key Quotes:

"On one hand, recent comments certainly suggest that March remains in play. (Fischer and Williams both stated that it’s reasonable to see four rate hikes this year.) On the other hand, the data suggest that the economy is losing momentum heading into 2016.

Also, it seems clear that the Committee wants to emphasize realized inflation more so than the outlook on inflation for subsequent rate hike and it’s hard to imagine that core PCE inflation will pick up substantially in the next two months.

As such, we believe that the FOMC is more likely to wait until June than raise rates in March."
For more information, read our latest forex news.

Useful Searches

Disclaimer - Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the information contained on this site will generate profits or ensure freedom from losses.